UBS Client Review. Prepared for. What's inside. Accounts included in this review. as of March 6, Financial Advisor:

Transcription

1 UBS Client Review as of March 6, 2014 Branch office: 1285 Ave of the Americas 15th, 16th, 17th, & 18th Flrs New York, NY Financial Advisor: Prepared for Sample Reports Accounts included in this review What's inside Name Type Portfolio holdings Important information about this report Page 1 of 13

2 Portfolio holdings as of March 06, 2014 Summary of Portfolio Holdings Cost basis ($) Value on 03/06/2014 ($) Unrealized gain/loss ($) Unrealized gain/loss (%) A Cash 209, , % % 1.98% Cash 209, , % % 1.98% B Fixed Income 4,531, ,892, , % 217, % 45.94% 4,302, ,674, , % 212, % 43.90% Global 84, , , % 2, % 0.78% International 144, , , % 1, % 1.26% C Equity 5,218, ,362, , % 117, % 50.36% 4,874, ,022, , % 113, % 47.17% Global 300, , , % 3, % 2.60% International 44, , , % % 0.59% D Commodities % % 0.00% E Non-Traditional % % 0.00% F Other 8, , % % 1.72% Other 8, , % % 0.08% Balanced , % % 0.16% Insured Solutions , % % 1.48% Total Portfolio $9,967, $10,648, $145, % $336, % 100% Balanced mutual funds represented in multiple asset classes based on Morningstar allocations Page 2 of 13

3 Details of holdings asset Cost basis ($) Market value ($) class Total Portfolio $9,967, $10,648, $145, % $336, % 100% 100% Cash Cash UBS BANK A DEPOSIT ACCOUNT 179, , , % % 85.32% 1.69% * FIRST EAGLE GLOBAL FUND , , % % 0.06% * GOLDMAN SACHS ASSET , , , % % 0.16% ALLOCATION GROWTH STRATEGY FUND CL A * IVY ASSET STRATEGY FUND , , % % 0.06% Total Cash $209, $210, $ % $ % % 1.98% Cash Total Cash $209, $210, $ % $ % % 1.98% Fixed Income ALEXANDRIA VA G O SR B BE/R/ DTD ARLINGTON CNTY VA OID BE /R/ DTD ARLINGTON CNTY VA SR A BE/R/ DTD CHESTERFIELD CNTY VA SR A BE/R/ DTD COLLEGE AMERICA 529 THE BOND FUND OF AMERICA BFA C Investment return: $9, (0%) FAIRFAX CNTY VA PUB IMPT SR A BE/R/ DTD Fixed Income 125, , , , % 5, % 2.81% 1.29% 90, , , , % 3, % 2.01% 0.92% 100, , , , % 4, % 2.23% 1.03% 125, , , , % 5, % 2.89% 1.33% , % % 0.19% 0.09% 135, , , , % 6, % 2.83% 1.30% Page 3 of 13

4 Fixed Income GOLDMAN SACHS HIGH YIELD FUND I Client investment: $586, Reinvested dividends: $232, Investment return: $255, (43.6%) HAMPTON ROADS SANTN DST REV OID@ BE/R/ DTD HAMPTON VA NATIO PREF BE/R/ DTD HANOVER CNTY VA. /R/ DTD HENRICO CO VA WTR SWR SR A RV BE/R/ DTD JAMES CITY CNTY VA ECMC DEV AU LEASE FSA BE/R/ DTD KING CNTY WA SCH NO 401 FSA BE/R/ DTD LEANDER TX ISD ULTX SCH BE/R/ DTD LORD ABBETT SHORT DURATION INCOME FUND Client investment: $60, Reinvested dividends: $7, Investment return: $6, (11.29%) LOUDOUN CNTY VA INDL DEV SR A BE/R/ DTD LOUDOUN CO VA SR A BE/R/ DTD METRO PARK DIST TACOMA NPFG B/E /R/ DTD NORFOLK VA SR C BE/R/ DTD PRINCE WILLIAMS CNTY VA SR A BE/R/ DTD PUERTO RICO ELEC PWR AUT PWR SER RR RV FGIC BE/R/ DTD RICHMOND VA GO ULT SER A FSA B/E /R/ DTD Fixed Income 115, , , , % 53, % 17.23% 7.92% 75, , , , % 3, % 1.73% 0.79% 75, , , , % 3, % 1.80% 0.82% 50, , , % 2, % 1.11% 0.51% 125, , , , % 6, % 2.98% 1.37% 175, , , , % 8, % 3.66% 1.68% 125, , , , % 6, % 2.90% 1.33% 150, , , , % 7, % 3.49% 1.60% 14, , , , % 1, % 1.37% 0.63% 150, , , , % 6, % 3.48% 1.60% 150, , , , % 7, % 3.69% 1.69% 150, , , , % 7, % 3.48% 1.60% 40, , , % 2, % 0.95% 0.44% 100, , , , % 3, % 2.25% 1.03% 100, , , , % 5, % 2.19% 1.01% 150, , , , % 7, % 3.29% 1.51% Page 4 of 13

5 Fixed Income ROANOKE VA SR C BE/R/ 60, , , , % 2, % 1.41% 0.65% DTD SEI INSTITUTIONAL MANAGED 12, , % 4, % 2.97% 1.36% TRT INTER BD PORTFOLIO Investment return: $145, (0%) SOUTHAMPTON CNTY VA INDL AU 75, , , % 3, % 1.67% 0.77% SR A REV CIFG BE /R/ DTD STAFFORD CNTY VA ECON C 50, , , % 2, % 1.15% 0.53% ASSUR RV OID BE/R/ DTD UNIV NO TEX UNIV REV GEN REV 150, , , , % 7, % 3.28% 1.51% FGIC B/E /R/ DTD VIRGINIA BEACH VA PUB IM 25, , , , % 1, % 0.56% 0.26% OID@ BE/R/ DTD VIRGINIA COMWLTH FED HIW RV 100, , , % 4, % 2.39% 1.10% /R/ DTD VIRGINIA COMWLTH UNIV AMBAC 150, , , , % 7, % 3.14% 1.44% SR B RV BE/R/ DTD VIRGINIA ST RES AUTH CLE AN WTR 150, , , , % 7, % 3.23% 1.48% REV B/E /R/ DTD VIRGINIA ST RES AUTH INF SR B RV 125, , , , % 6, % 2.99% 1.37% BE/R/ DTD VIRGINIA ST RES AUTH INF SR C 100, , , , % 5, % 2.50% 1.15% BE/R/ DTD VIRGINIA ST RES AUTH INF SR C RV 15, , , % % 0.35% 0.16% BE/R/ DTD VIRGINIA ST RES AUTH INF SR C RV 45, , , , % 2, % 1.05% 0.48% BE/R/ DTD * FIRST EAGLE GLOBAL FUND % % 0.00% * GOLDMAN SACHS ASSET 15, , , % % 0.14% ALLOCATION GROWTH STRATEGY FUND CL A * IVY ASSET STRATEGY FUND % % 0.01% Total $4,302, $4,674, $217, % $212, % 95.55% 43.90% Fixed Income Page 5 of 13

6 Fixed Income Global FRANKLIN/TEMPLETON GLOBAL BOND FUND Client investment: $70, Reinvested dividends: $14, Investment return: $12, (18.2%) Fixed Income 6, , , , % 2, % 1.69% 0.78% Total Global $84, $82, $-2, % $2, % 1.69% 0.78% International * FIRST EAGLE GLOBAL FUND % % 0.00% * GOLDMAN SACHS ASSET 143, , , % 1, % 1.26% ALLOCATION GROWTH STRATEGY FUND CL A * IVY ASSET STRATEGY FUND % % 0.01% Total International $144, $134, $-9, % $1, % 2.76% 1.26% Total Fixed Income $4,531, $4,892, $206, % $217, % % 45.94% Equity - JACQUELINE BIANCO LCC COLLEGE AMERICA 529 AMERICAN MUTUAL FUND AMF C Investment return: $29, (0%) COLLEGE AMERICA 529 THE GROWTH FUND OF AMERICA - GFA C Investment return: $19, (0%) COLLEGE AMERICA 529 THE INVESTMENT COMPANY OF AMERICA - ICA C Investment return: $17, (0%) 4,489, Equity 4,489, % 109, % 83.73% 42.16% , % % 0.55% 0.28% , % % 0.35% 0.18% , % % 0.32% 0.16% Page 6 of 13

7 Equity GOLDMAN SACHS REAL ESTATE SECURITIES FUND CLASS A Client investment: $288, Reinvested dividends: $10, Investment return: $-40, (-14.19%) GOOGLE INC CL A (1) [Outside QUINTILES TRANSNATIONAL HLDGS INC * FIRST EAGLE GLOBAL FUND * GOLDMAN SACHS ASSET ALLOCATION GROWTH STRATEGY FUND CL A * IVY ASSET STRATEGY FUND Equity 14, , , , % 3, % 4.62% 2.33% , , % % 2.27% 1.15% 1, , , , % % 1.02% 0.51% 9, , , % % 0.10% 26, , , % % 0.23% 6, , , % % 0.07% Total $4,874, $5,022, $-39, % $113, % 93.67% 47.17% Global GOLDMAN SACHS EQUITY GROWTH STRATEGY FUND CLASS A Client investment: $220, Reinvested dividends: $12, Investment return: $ (0.41%) GOLDMAN SACHS INTL REAL ESTATE SECURITIES FUND A Client investment: $13, Reinvested dividends: $2, Investment return: $-2, (-21.37%) VAN ECK GLOBAL HARD ASSETS FUND Client investment: $49, Reinvested dividends: $1, Investment return: $-6, (-12.28%) 15, , , , % 3, % 4.13% 2.08% 1, , , , % % 0.20% 0.10% , , , % % 0.82% 0.41% Total Global $300, $276, $-24, % $3, % 5.15% 2.60% Page 7 of 13

8 Equity International COLLEGE AMERICA 529 EUROPACIFIC GROWTH - EUPAC C Investment return: $17, (0%) * FIRST EAGLE GLOBAL FUND * GOLDMAN SACHS ASSET ALLOCATION GROWTH STRATEGY FUND CL A * IVY ASSET STRATEGY FUND Equity , % % 0.33% 0.16% 10, , , % % 0.12% 24, , , % % 0.22% 8, , , % % 0.09% Total International $44, $62, $1, % $ % 1.17% 0.59% Total Equity $5,218, $5,362, $-62, % $117, % % 50.36% Other Other * FIRST EAGLE GLOBAL FUND 1, , % % 0.02% * GOLDMAN SACHS ASSET 4, , % % 0.04% ALLOCATION GROWTH STRATEGY FUND CL A * IVY ASSET STRATEGY FUND 1, , % % 0.02% Total Other $8, $8, $ % $ % 4.48% 0.08% Other Balanced COLLEGE AMERICA 529 CAPITAL INCOME BUILDER CIB C Investment return: $17, (0%) , % % 9.31% 0.16% Total Balanced $0.00 $17, $ % $ % 9.31% 0.16% Page 8 of 13

9 Other Insured Solutions JOHN HANCOCK ANNUITY CO VENTURE FIXED/VARIABLE ANNUITY CLASS B AS OF 03/05/2014 POLICY# Other 91, , % % 86.21% 1.49% Total Insured Solutions $0.00 $158, $ % $ % 86.21% 1.48% Total Other $8, $183, $ % $ % % 1.72% asset Cost basis ($) Market value ($) class Total Portfolio $9,967, $10,648, $145, % $336, % 100% 100% Total accrued interest (included in market values): $43, * Balanced mutual funds are displayed in unbundled view (1) Assets held at other financial institutions are included in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information. Page 9 of 13

10 Blended Investment Summary Avg. purchase Price on price ($) 03/06/2014 ($) Cost basis ($) Market value ($) Unrealized gain/loss ($) Unrealized gain/loss (%) Quantity Balanced mutual funds FIRST EAGLE GLOBAL FUND , , , % % % 0.29% Client investment: $24, Reinvested dividends: $2, Investment return: $6, GOLDMAN SACHS ASSET ALLOCATION 16, , , , % 3, % % 2.05% GROWTH STRATEGY FUND CL A Client investment: $219, Reinvested dividends: $14, Investment return: $ IVY ASSET STRATEGY FUND , , , % % % 0.27% Client investment: $23, Reinvested dividends: $88.65 Investment return: $4, Total Balanced mutual funds $285, $277, $-7, % $3, % 100% 2.61% balanced MF Page 10 of 13

11 Disclosures applicable to accounts at UBS Financial Services Inc. Important information about this report This section contains important disclosures regarding the information and valuations presented here. This report presents information since December 31, This report does not include complete account activity or performance of your accounts before this date. All information presented is subject to change at any time and is provided only as of the date indicated. The information in this report is for informational purposes only and should not be relied upon as the basis of an investment or liquidation decision. UBS FS accounts statements and official tax documents are the only official record of your accounts and are not replaced, amended or superseded by any of the information presented in these reports. UBS FS offers a number of investment advisory programs to clients, acting in our capacity as an investment adviser, including fee-based financial planning, discretionary account management, non-discretionary investment advisory programs, and advice on the selection of investment managers and mutual funds offered through our investment advisory programs. When we act as your investment adviser, we will have a written agreement with you expressly acknowledging our investment advisory relationship with you and describing our obligations to you. At the beginning of our advisory relationship, we will give you our Form ADV brochure(s) for the program(s) you selected that provides detailed information about, among other things, the advisory services we provide, our fees, our personnel, our other business activities and financial industry affiliations and conflicts between our interests and your interests. Please review the report content carefully and contact your Financial Advisor with any questions. The account listing may or may not include all of your accounts with UBS FS. The accounts included in this report are listed under the "Accounts included in this review" shown on the first page or listed at the top of each page. Portfolio: For purposes of this report "" is defined as all of the accounts presented on the cover page or the header of this report and does not necessarily include all of the client's accounts held at UBS FS or elsewhere. Percentage: Portfolio (in the "% Portfolio" column) includes all holdings held in the account(s) selected when this report was generated.broad asset class (in the "% broad asset class" column) includes all holdings held in that broad asset class in the account(s) selected when this report was generated. Tax lots: This report displays security tax lots as either one line item (i.e., lumped tax lots) or as separate tax lot level information. If you choose to display security tax lots as one line item, the total cost equals the total value of all tax lots. The unit cost is an average of the total cost divided by the total number of shares. If the shares were purchased in different lots, the unit price listed does not represent the actual cost paid for each lot. The unrealized gain/loss value is calculated by combining the total value of all tax lots plus or minus the total market value of the security. If you choose to display tax lot level information as separate line items on the Portfolio Holdings report, the tax lot information may include information from sources other than UBS FS. The Firm does not independently verify or guarantee the accuracy or validity of any information provided by sources other than UBS FS. As a result this information may not be accurate and is provided for informational purposes only. Clients should not rely on this information in making purchase or sell decisions, for tax purposes or otherwise. See your monthly statement for additional information. Pricing: All securities are priced using the closing price reported on the last business day preceding the date of this report. Every reasonable attempt has been made to accurately price securities; however, we make no warranty with respect to any security's price. Please refer to the back of the first page of your UBS FS. accounts statement for important information regarding the pricing used for certain types of securities, the sources of pricing data and other qualifications concerning the pricing of securities. To determine the value of securities in your account, we generally rely on third party quotation services. If a price is unavailable or believed to be unreliable, we may determine the price in good faith and may use other sources such as the last recorded transaction. When securities are held at another custodian or if you hold illiquid or restricted securities for which there is no published price, we will generally rely on the value provided by the custodian or issuer of that security. Cash: Cash on deposit at UBS Bank A is protected by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 in principal and accrued interest per depositor for each ownership type. Deposits made in an individual's own name, joint name, or individual retirement account are each held in a separate type of ownership. Such deposits are not guaranteed by UBS FS. More information is available upon request. Margin: The quantity value may indicate that all or part of this position is held on margin or held in the short account. When an account holds a debit balance, this debit balance is incorporated into the account's total market value and deducted from the total value. When calculating the percent of on each security, the percentage will be impacted by the total market value of the account. Therefore, if the account's market value is reduced by a debit value of a holding the percent of will be greater and if the account's market value is increased by a holding then the percent of will be less. Mutual Fund Asset Allocation: If the option to unbundle balanced mutual funds is selected and if a fund's holdings data is available, mutual funds will be classified by the asset class, subclass, and style breakdown of their underlying holdings. Where a mutual fund or ETF contains equity holdings from multiple equity sectors, this report will proportionately allocate the underlying holdings of the fund to those sectors measured as a percentage of the total fund's asset value as of the date shown. This information is supplied by Morningstar, Inc. on a monthly basis to UBS FS based on data supplied by the fund which may not be current. Mutual funds change their holdings on a regular (often daily) basis. Accordingly, any analysis that includes mutual funds may not accurately reflect the current composition of these funds. If a fund's underlying holding data is not available, it will be classified based on its corresponding overall Morningstar classification. All data is as of the date indicated in the report. Equity Style: The Growth, Value and Core labels are determined by Standard and Poor's using a price-tobook ratio methodology. The Growth, Value and Core labels are based on how a company's price-to-book ratio compares to the median price-to-book ratio for its industry based on the company's assigned Industry Sector. If the company's ratio is greater than or equal to the industry median, it is classified as a growth stock. If the company's ratio is less than the industry median, it is classified as a value stock. If a security includes both growth and value attributes, it is classified as a core stock. If price-to-book is not available or the industry's median is not available, this item will be Unclassified. Equity Capitalization: Market Capitalization is defined as the number of shares outstanding times the market value. Equity securities are classified as Large Cap if they have a capitalization of 8 billion or above. Securities with capitalization between 1.8 and 7.9 billion are classified as Mid Cap. Securities with capitalization below 1.79 billion are classified as Small Cap. Unclassified securities are those for which no capitalization is available or applicable. Equity Sectors: The Equity sector analysis may include a variety of accounts, each with different investment and risk parameters. As a result, the overweighting or underweighting in a particular sector or asset class should not be viewed as an isolated factor in making investment/liquidation decisions; but should be assessed on an account by account basis to determine the overall impact on the account's. Classified Equity: Classified equities are defined as those equities for which the firm can confirm the specific industry and sector of the underlying equity instrument. Estimated Annual Income: The Estimated Annual Income is the annualized year to date per share dividends paid and multiplied by the quantity of shares held in the selected account(s). Yield: yield is defined as the estimated annual income divided by the total market value. Credit/Event Risk: Investments are subject to event risk and changes in credit quality of the issuer. Issuers can experience economic situations that may have adverse effects on the market value of their securities. Interest Rate Risk: Bonds are subject to market value fluctuations as interest rates rise and fall. If sold prior to maturity, the price received for an issue may be less than the original purchase price. Reinvestment Risk: Since most corporate issues pay interest semiannually, the coupon payments over the life of the bond can have a major impact on the bond's total return. Accrued Interest: Interest that has accumulated between the most recent payment and the report date may be reflected in market values for interest bearing securities. Gain/Loss: The gain/loss information may include calculations based upon non-ubs FS cost basis information. The Firm does not independently verify or guarantee the accuracy or validity of any information provided by sources other than UBS FS. In addition, if this report contains positions with unavailable cost basis, the gain/(loss) for these positions are excluded in the calculation for the Gain/(Loss). As a result these figures may not be accurate and are provided for informational purposes only. Clients should not rely on this information in making purchase or sell decisions, for tax purposes or otherwise. Rely only on year-end tax forms when preparing your tax return. See your monthly statement for additional information. Account changes: At UBS, we are committed to helping you work toward your financial goals. So that we may continue providing you with financial advice that is consistent with your investment objectives, please consider the following two questions: 1) Have there been any changes to your financial situation or investment objectives? 2) Would you like to implement or modify any restrictions regarding the management of your account? If the answer to either question is "yes," it is important that you contact your Financial Advisor as soon as possible to discuss these changes. For MAC advisory accounts, please contact your investment manager directly if you would like to impose or change any investment restrictions on your account. ADV disclosure: A complimentary copy of our current Form ADV Disclosure Brochure that describes the Page 11 of 13

12 Disclosures applicable to accounts at UBS Financial Services Inc. (continued) advisory program and related fees is available through your Financial Advisor.Please contact your Financial Advisor if you have any questions. Important information for former Piper Jaffray and McDonald Investments clients: As an accommodation to former Piper Jaffray and McDonald Investments clients, these reports include performance history for their Piper Jaffray accounts prior to August 12, 2006 and McDonald Investments accounts prior to February 9, 2007, the date the respective accounts were converted to UBS FS. UBS FS has not independently verified this information nor do we make any representations or warranties as to the accuracy or completeness of that information and will not be liable to you if any such information is unavailable, delayed or inaccurate. For insurance, annuities, and 529 Plans, UBS FS relies on information obtained from third party services it believes to be reliable. UBS FS does not independently verify or guarantee the accuracy or validity of any information provided by third parties. Information for insurance, annuities, and 529 Plans that has been provided by a third party service may not reflect the quantity and market value as of the previous business day. When available, an "as of" date is included in the description. Investors outside the U.S. are subject to securities and tax regulations within their applicable jurisdiction that are not addressed in this report. Nothing in this report shall be construed to be a solicitation to buy or offer to sell any security, product or service to any non-u.s. investor, nor shall any such security, product or service be solicited, offered or sold in any jurisdiction where such activity would be contrary to the securities laws or other local laws and regulations or would subject UBS to any registration requirement within such jurisdiction. UBS FS All Rights Reserved. Member SIPC. Page 12 of 13

13 Disclosures applicable to accounts at non-ubs financial institutions If you provided information regarding assets that you hold at other financial institutions, we have included those assets in this report. We have not verified, and are not responsible for, the accuracy or completeness of this information. UBS does not provide advice with respect to your assets at other firms and specifically disclaims any liability for any activity conducted by you in accounts at other firms. Therefore, any evaluation or analysis provided in this report, which includes assets not held at UBS FS, should be considered an estimate only. Customers should review and maintain the original source documents that are integrated into this report, such as the statements for individual accounts held away from UBS FS. Source documents may contain notices, disclosures and other information important to you, and may also serve as a reference should questions arise regarding the accuracy of the information in this report. This report is provided for informational purposes and as a courtesy to you, and may include assets that the firm does not hold on behalf of the customer and which are not included on the firm s books and records. The information contained in this report is from the most recent information available as of the date of the report, and may or may not be an accurate reflection of the current composition of the securities included in your. There is no assurance that the weightings, composition and ratios will remain the same. Assets that you hold at other financial institutions are priced using the closing price reported on the last business day preceding the date of this report. Every reasonable attempt has been made to accurately price securities; however, we make no warranty with respect to any security's price. To determine the value of securities in your account, we generally rely on third party quotation services. If a price is unavailable or believed to be unreliable, we may determine the price in good faith and may use other sources such as the last recorded transaction. When securities are held at another custodian or if you hold illiquid or restricted securities for which there is no published price, we will generally rely on the value provided by the custodian or issuer of that security. UBS FS's SIPC coverage would only apply to those assets held at UBS FS, and to the extent some of the other reported entities may be SIPC members, customers should contact their financial representative or the other entity or refer to the other entity's statement regarding SIPC membership. Page 13 of 13